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Application Deadline: 30 May 2017
The Ministry of ICT, Postal and Courier Services and the Postal Telecommunications Regulatory Authority of Zimbabwe (POTRAZ), supported by the postal and telecommunication services sector are inviting ICT Innovators, Start-Ups and Entrepreneurs to apply for Funding in the form of loans, under the ICT Innovation
Drive Project.
The Innovation Drive Project is a brainchild of the Ministry of ICT, Postal and Courier Services and is being implemented by POTRAZ. The project aims at promoting a culture of creativity and innovation among Zimbabweans, with the aim of creating employment through the development of local ICT applications, hardware and related innovations which are rooted in the realities of Zimbabwe.
ICT is a key driver of economic growth and development. It has the power to transform the fortunes of our country’s economy into a digital powerhouse. Most useful innovations in this sector come from young people and the Ministry of ICT, Postal and Courier Services would like to harness this power to promote development and transformation of the Zimbabwean economy towards a digital economy.
In order to be considered for funding, POTRAZ requires a detailed brief on the ICT innovation, Business Plan and a budget, which will be used to assess eligibility for funding.
Definition of ICT Innovation
- Any ICT based product, service, business model, or process that is new to the market with a unique feature(s) that is successfully implemented to address a current need in a new /better way, or to satisfy a newly created demand when developed and deployed.
Eligibility Requirements:
- Any ICT Innovators or Start-Ups that have brilliant innovations or solutions that have the potential to revolutionize its target market and/or drastically change the lives of Zimbabweans and the economy as a whole.
Application Process
Send a so copy of the descriptive business plan, projections and budget required, clearly indicated “Application for Innovation Project Funding” to: innovationdrive@potraz.gov.zw for consideration.
CALL FOR PROPOSAL SUBMISSIONS
- POTRAZ is calling for submission of proposals from 04 May 2017, closing on 30 May 2017 to: innovationdrive@potraz.gov.zw
For More Information:
Visit the Official Webpage of the POTRAZ ICT Innovation Drive Project Fund 2017
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1 comment
How much prize funding is POTRAZ willing to give? This info will be helpful considering that one of the requirements is a budget